Archives     Advertise     Editorial Calendar     Subscribe     Contact Us    


Montecito Medical Acquires Medical Buildings from Leading Orthopaedic Provider in Georgia


 

Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has completed the acquisition of a large medical office and surgery center from the leading orthopaedic provider in Georgia.

The acquisition involves the combined 32,785 square-foot Resurgens Center East and adjoining Surgery Center in Covington, Georgia, 30 miles east of Atlanta. Resurgens has ranked as one of the 25 largest employers in the Atlanta Metro Area for six consecutive years. The Covington facility is one of 23 Resurgens locations across the Atlanta area.

Completed in 2004, Building 1 (Phase 1), representing 20,000 square feet, houses clinical space, physical therapy area, and MRI room. Building 2 (Phase 2), built in 2016, represents 12,785 square feet and houses a two-room, licensed surgery center. Both buildings are located on the same site and have highly specialized buildouts which provide a full range of orthopedic services for patients that include imaging, diagnosis, surgery and rehabilitation.

"Resurgens is a household name throughout the state of Georgia, and we could not be more excited to complete this transaction with them," said Chip Conk, CEO of Montecito Medical. "With the opportunity for Resurgens to continue to manage the property, and for their physicians to invest back into this property and others in our growing portfolio, we believe we are creating wins for all parties."

The property acquired by Montecito involves Resurgens' easternmost location and is approximately 25 miles from the organization's next nearest facility. The property is strategically located between Covington and Conyers, allowing the practice to conveniently reach multiple markets along the I-20 corridor. The property is also situated between two short-term acute care hospitals, the Rockdale Medical Center (six miles west) and Piedmont Newton Hospital (six miles east).

"Resurgens is excited about the growth occurring in our Newton County location. Our new outpatient surgery center and expanded office continue to serve the community in a comprehensive quality setting. We strive to care for the patients' needs from office visits, physical therapy, advanced Imaging and outpatient surgery all in a superb quality setting. Our Newton county facility fits the Resurgens Mission," said Dr. John R. Gleason, Co-President of Resurgens Orthopaedics.

The single-story buildings are 92% leased and anchored by Resurgens Orthopaedics. Established in 1986, Resurgens is Georgia's largest orthopaedic practice and one of the largest orthopaedic groups in the United States. With 98 physicians and nearly two dozen offices, Resurgens provides specialized expertise and broad experience in the areas of sports medicine, joint replacement, neck and back surgery, foot and ankle surgery, shoulder and elbow surgery, non-operative spine care, hand surgery, arthroscopic surgery, epidural steroid injection, general orthopaedics, and trauma care.

Resurgens Center East was developed by Diagnostic Ventures, LLC in partnership with the Resurgens real estate team over a period of 15 years.

Share:

 

Email Print

 

More Grand Rounds:

 

Nov. 16: American Lung Association to Share the Latest on Number One Cancer Killer in U.S. During Lung Cancer Awareness Month

Nashville LUNG FORCE Expo to take place on November 16, 2018 at 8:00 AM at Omni Nashville Hotel

Read More

Amplion Clinical Communications Pinpoints Situational Awareness As Key Emerging Concept Enhancing Today's Healthcare Delivery, Quality, Results And Sa

New eBook "How Real-Time Situational Awareness Improves Patient Outcomes" details important link between awareness of patient's current condition and likely future pathways to making better clinical decisions, taking smarter actions.

Read More

LifePoint Leader to Retire

LifePoint Leader to Retire

As Nashville Medical News was going to press, Bill Carpenter, who has led LifePoint Health since 2006, announced his intention to retire following the merger with RCCH HealthCare, which is expected to be completed by the end of the year.

Read More

neuroCare Centers of America Opens New Clinic in Nashville Led by West

neuroCare Centers of America Opens New Clinic in Nashville Led by West

Last month, neuroCare Centers of America, part of an international network of brain health centers of excellence dedicated to non-medication neuro therapies for mental health disorders, announced the opening of its newest clinic, Nashville NeuroCare Therapy

Read More

Bridge Connector Secures Funding, New Partnership

It's been a busy couple of months for Bridge Connector, an integration platform as a service (iPaaS) that delivers streamlined integration solutions for healthcare organizations.

Read More

CDW Opens Local Office

Fortune 500 company CDW opened a local office in late August. With clients in the U.S., U.K. and Canada, the global technology company employees more than 8,900 and has a large presence in healthcare.

Read More

Gold Skin Care Expands Team

Gold Skin Care Expands Team

Gold Skin Care Center, which provides dermatology and aesthetic services, recently announced the addition of three to their Green Hills practice.

Read More

CleanSlate Welcomes New CFO

CleanSlate Welcomes New CFO

Last month, Brentwood-based CleanSlate Outpatient Addiction Medicine announced healthcare veteran Robert Hutchison as the company's new chief financial officer.

Read More

Cumberland Heights Opens Spring Hill Center

Cumberland Heights Opens Spring Hill Center

On Sept. 21, Cumberland Heights celebrated the grand opening of the Spring Hill Outpatient Recovery Center, bringing the organization's outpatient centers to 11 across the state.

Read More

Let's Give Them Something to Talk About!

Let's Give Them Something to Talk About!

Awards, Honors, Achievements

Read More

Horr Joins TriStar Centennial

TriStar Centennial Medical Center recently welcomed board-certified interventional cardiologist Samuel Horr, MD, to its medical staff.

Read More

Stephens Named Chief Analytics Officer for Nashville General

Stephens Named Chief Analytics Officer for Nashville General

Nashville General Hospital recently named Eric Stephens, CAP, chief analytics officer. Stephens will serve as a key member of the hospital's executive leadership team, working to direct and implement population health initiatives and to form a robust data infrastructure to provide accurate, intelligent analysis.

Read More

TwelveStone Adds Two

TwelveStone Adds Two

Murfreesboro-based TwelveStone Health Partners, a provider of comprehensive chronic care medication services, recently announced staff additions.

Read More

Wagers Named CAO at Tivity

Last month, wellness company Tivity Health announced the appointment of Ryan Wagers as chief accounting officer.

Read More

Hargreaves to Quorum

And in related news ... Glenn Hargreaves, formerly chief accounting officer for Tivity Health, has accepted the same position at Quorum Health. Hargreaves spent six years as CAO with Tivity, where he also served a brief stint as interim chief financial officer.

Read More

Business Briefs

Clover Health has expanded to Middle Tennessee. The healthcare company that uses data and technology in an effort to improve outcomes, recently announced a significant national expansion by offering Medicare Advantage health plans in Davidson, Rutherford and Williamson counties.

Read More

BlueCross Selects Gardner as Director of Small Group Account Management

BlueCross Selects Gardner as Director of Small Group Account Management

BlueCross BlueShield of Tennessee has promoted Honey Gardner to a new role as director of small group account management.

Read More

Leonard Named Chief HR Officer for ChanceLight

Leonard Named Chief HR Officer for ChanceLight

ChanceLight Behavioral Health, Therapy and Education, a national provider of behavioral health, therapy and education solutions for children and young adults, recently announced Emily Leonard as executive vice president and chief human resources officer.

Read More

Cumberland Heights Adds Two to Staff

Cumberland Heights Adds Two to Staff

Cumberland Heights announced two new hires last month impacting clinical research and outreach efforts.

Read More

AHA Announces Greater Southeast Board of Directors

AHA Announces Greater Southeast Board of Directors

Middle Tennessee is home to three members of the recently announced American Heart Association's Greater Southeast Affiliate (GSA) Board of Directors for the 2018-2019 fiscal year.

Read More

 
 


Tags:
None
Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: